Thredup Stock Price on September 16, 2024

TDUP Stock  USD 1.55  0.21  15.67%   
If you're considering investing in ThredUp Stock, it is important to understand the factors that can impact its price. As of today, the current price of ThredUp stands at 1.55, as last reported on the 23rd of November, with the highest price reaching 1.58 and the lowest price hitting 1.30 during the day. ThredUp is extremely dangerous given 3 months investment horizon. ThredUp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. We are able to break down and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.33% are justified by taking the suggested risk. Use ThredUp Risk Adjusted Performance of 0.127, semi deviation of 4.34, and Coefficient Of Variation of 651.06 to evaluate company specific risk that cannot be diversified away.
  
At this time, ThredUp's Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 11/23/2024, Stock Based Compensation To Revenue is likely to grow to 0.10, while Common Stock Shares Outstanding is likely to drop slightly above 104 M. . As of 11/23/2024, Price To Sales Ratio is likely to drop to 0.70. In addition to that, Price Earnings Ratio is likely to drop to -3.48. ThredUp Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1352

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Estimated Market Risk

 9.81
  actual daily
87
87% of assets are less volatile

Expected Return

 1.33
  actual daily
26
74% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
10
90% of assets perform better
Based on monthly moving average ThredUp is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ThredUp by adding it to a well-diversified portfolio.
Price Book
2.5454
Enterprise Value Ebitda
(2.75)
Price Sales
0.562
Shares Float
81.1 M
Wall Street Target Price
2.5

Related Headline

1StdibsCom Headline on 16th of September 2024

Filed transaction by 1StdibsCom Officer: Chief Commercial Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

ThredUp Valuation on September 16, 2024

It is possible to determine the worth of ThredUp on a given historical date. On September 16, 2024 ThredUp was worth 0.99 at the beginning of the trading date compared to the closed value of 0.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ThredUp stock. Still, in general, we apply an absolute valuation method to find ThredUp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ThredUp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ThredUp's related companies.
 Open High Low Close Volume
  0.83    0.99    0.82    0.98    609,593  
09/16/2024
  0.99    1.02    0.89    0.91    508,038  
  0.91    1.02    0.91    0.93    549,908  
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Open Value
0.99
0.91
Closing Value
30.41
Upside

ThredUp Trading Date Momentum on September 16, 2024

On September 17 2024 ThredUp was traded for  0.93  at the closing time. The top price for the day was 1.02  and the lowest listed price was  0.91 . The trading volume for the day was 549.9 K. The trading history from September 17, 2024 was a factor to the next trading day price gain. The trading price change against the next closing price was 2.20% . The trading price change against the current closing price is 9.89% .

ThredUp Fundamentals Correlations and Trends

By evaluating ThredUp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ThredUp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ThredUp financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About ThredUp Stock history

ThredUp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ThredUp is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ThredUp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ThredUp stock prices may prove useful in developing a viable investing in ThredUp
Last ReportedProjected for Next Year
Common Stock Shares Outstanding104.9 M104 M
Net Loss-83.1 M-87.2 M

ThredUp Quarterly Net Working Capital

4.53 Million

ThredUp Stock Technical Analysis

ThredUp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of ThredUp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ThredUp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

ThredUp Period Price Range

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November 23, 2024
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ThredUp November 23, 2024 Market Strength

Market strength indicators help investors to evaluate how ThredUp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ThredUp shares will generate the highest return on investment. By undertsting and applying ThredUp stock market strength indicators, traders can identify ThredUp entry and exit signals to maximize returns

ThredUp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ThredUp's price direction in advance. Along with the technical and fundamental analysis of ThredUp Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ThredUp to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for ThredUp Stock Analysis

When running ThredUp's price analysis, check to measure ThredUp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ThredUp is operating at the current time. Most of ThredUp's value examination focuses on studying past and present price action to predict the probability of ThredUp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ThredUp's price. Additionally, you may evaluate how the addition of ThredUp to your portfolios can decrease your overall portfolio volatility.